Posts Tagged ‘shares’

E*TRADE comes to the BlackBerry

Friday, June 6th, 2008

If you fancy a bit of wheeling and dealing on the go, then share trading company E*TRADE has come up with a bit of software that should help you. The E*TRADE

Mobile Pro software pretty much does everything the desktop version does, only this time on your BlackBerry. According to E*TRADE, the software has:
• Free real-time streaming stock and options quotes
• The ability to trade equities and options, including certain conditional orders
• Brokerage and bank account QuickTransfers, including those from outside financial institutions
• Live watchlists and portfolios
• CompleteView of all E*TRADE accounts on one screen
• Secure transactions backed by the E*TRADE Complete Protection Guarantee

At present this is exclusive to BlackBerry devices including the Curve and the Pearl and E*TRADE hasn’t said anything about bringing the software to any other smartphones yet. I can’t imagine we’ll have to wait too long - this looks absolutely like Windows Mobile (and iPhone) heartland.

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Posted in Mobile Applications | Comments

Nokia: There may be trouble ahead

Friday, April 18th, 2008

Interesting results out of Nokia this week: despite some promising numbers, like net sales up 28 percent year on year and device volumes up around about the same, it looks like the money men weren’t impressed by the results. Why? Nokia’s warning things won’t always be as rosy.

“Nokia expects the mobile device market to decline in value in Euro terms in 2008, compared to 2007. The change from our previous estimate of value growth for this market primarily reflects the negative impact of the recently weakened US dollar, the general economic slowdown in the US, and possibly going forward some economic slowdown in Europe,” the company said, and added that average selling price is expected to go down too.

There’s also discussions on how rising food prices will affect Nokia’s performance in emerging markets. According to Business Week, Nokia’s CEO said the chance there will be a knock on effect is “pretty remote. The mobile phone is a necessity item”. That sounds somewhat on the optimistic side to me, unless Nokia’s next line comes with Bluetooth, a two megapixel camera and a few loaves of free bread.

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Posted in Devices | Comments

Branson loses $250 as Virgin Mobile USA stumbles

Friday, March 14th, 2008

If Virgin boss Richard Branson weren’t so rich, he might a bit disheartened right now. According to The Times, the drop in Virgin Mobile USA’s share price have caused Branson a personal loss of over $250 million, with the stock falling by 85 percent since the company floated on the stock exchange.

The share price has fallen by over half in recent trading prompted by worse-than-expected forecase from the MVNO which analysts are putting down to a tough economic climate and fierce competition from rivals in the pre-paid market.

However, it’s not all bad news. The company increased its customer base to 5.1 million, net service revenues were up 20 percent and it cut its quarterly losses. It remains to be seen if this is a blip or the first sign of a mobile industry slowdown. Watch this space…

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Posted in Operators | Comments

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